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Samraat

Samraat Jadhav  |2096 Answers  |Ask -

Stock Market Expert - Answered on May 04, 2023

Samraat Jadhav is the founder of Prosperity Wealth Adviser.
He is a SEBI-registered investment and research analyst and has over 18 years of experience in managing high-end portfolios.
A management graduate from XLRI-Jamshedpur, Jadhav specialises in portfolio management, investment banking, financial planning, derivatives, equities and capital markets.... more
Bhogeswararao Question by Bhogeswararao on May 03, 2023Hindi
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what is nearest target of IEX?

Ans: IEX is at good price now, there revenues are declining. Its better to exit now.

Disclaimer: Investments in securities are subject to market RISKS. Read all the related documents carefully before investing. The securities quoted are for illustration only and are not recommendatory. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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Vivek

Vivek Shah  | Answer  |Ask -

Financial Planner - Answered on Jun 19, 2023

Money
Sir, Can i Buy iex at This Level ?
Ans: Indian Energy Exchange Limited (IEX) is the first and largest power exchange in India. It has a dominant market share of over 98% of traded volume in electricity and diverse registered participants base of more than 6300. Providing an automated trading platform for physical delivery of electricity, IEX enables efficient price discovery and offers participants the opportunity to trade in electricity contracts, Renewable Energy Certificates (RECs) and ESCerts (Energy Saving Certificates). The exchange platform increases the accessibility and transparency of the power market in India and enhances the speed and efficiency of trade execution. IEX is approved and regulated by Central Electricity Regulatory Commission (CERC) and has been operating since 27 June 2008. The Exchange is a professionally managed company.

Indian Energy Exchange is one of two exchanges in India that offer an electronic platform for the trading of electricity products and has a substantial majority market share among the power exchanges in India. The DAM constitutes the substantial majority of the energy contracts that are traded on the Exchange. The Exchange is an online platform which is accessible to registered participants throughout India. The Exchange increases the accessibility and transparency of the power market in India and enhances the speed and efficiency of trade execution. In addition to trade execution, the exchange offers settlement services, including electronic trade confirmation, access to clearing services and risk management functionality.

Indian Energy Exchange Limited was incorporated as a public limited company on March 26, 2007 in Maharashtra. The Company obtained a certificate of commencement of business on April 17, 2007.

In 2009, trading on its exchange commenced in day-ahead-market (DAM).

In 2010, the company registered first industrial consumer on its exchange. During the year under review, trading on its exchange commenced in term-ahead- market (TAM). During the year under review, the average monthly cleared volume on its exchange crossed 500 million units (MU). In 2011, trading on its exchange commenced in renewable energy certificates (RECs).

In 2014, the daily average cleared volume on its exchange touched 79 MU/day and highest cleared volume in a day crossed over 117 MUs. In 2015, highest cleared volume in a day on its exchange crossed over 131 MUs.

In 2016, daily average cleared volume on its exchange touched 93 MU/day and highest cleared volume in a day crossed over 136 MUs. In August 2016, the Exchange received three ISO Certifications: ISO 9001:2008 for quality management, ISO 27001:2013 for information security management and ISO 14001:2004 for environment management.

In 2017, daily average cleared volume on its exchange touched 109 MU/day and highest cleared volume in a day crossed over 147 MUs. Trading of energy saving certificates (ESCerts) on its exchange commenced on 26 September 2017.

The company came out with an initial public offer (IPO) during the period from 9 October 2017 to 11October 2017. The IPO comprised of offer for sale of 60.65 lakh shares by selling shareholders. There was no fresh issue of shares from the company. The stock debuted at Rs 1,500 on BSE on 23 October 2017, a discount of 9.09% compared to the IPO price of Rs 1,650 per share.

On 28 March 2018, Indian Energy Exchange (IEX) and Japan Electric Power Exchange (JEPX) signed a Memorandum of Understanding (MoU) for jointly exploring the opportunities of cooperation in electricity market. The intent of the MoU is to share experience and cooperate with each other in respect of technology and in energy market products development. The scope of MoU includes opportunities for training to augment the electricity trading through competitive market platforms by organizing knowledge sharing programs.

The Board of Directors of Indian Energy Exchange Limited (IEX) at its meeting held on 26 April 2018, decided not to go ahead with the buyback of Equity Shares of the company.

The Board of Directors of Indian Energy Exchange Limited (IEX) at its meeting held on 9 August 2018 recommended Sub-Division of 1 (one) Equity Share of face value of Rs. 10/- (ten) each fully paid up into 1 (one) Equity Shares of Rs. 1/- (one) each fully paid up, resulting in issuance 10 (ten) Equity Shares of Rs. 1/- (one) each fully paid up, thereby keeping the paid up capital intact, subject to the approval of the Members in the ensuing 12th Annual General Meeting. Additionally, the Board approved increase in limit of total shareholding of all Registered Foreign Portfolio Investors (FPIs)/Registered Foreign Institutional Investors (FIIs) put together from 24% up to 49% (which is present sectorial cap under existing FDI Policy) of the paid-up equity share capital of the company, which shall be subject to approval of shareholders in the ensuing Annual General Meeting and other regulatory approvals/limitations.

On 29 September 2018, the highest volume traded on its exchange in Day-Ahead Market (DAM) touched 306 MU. This is all time high record volume.

During the year 2019, the Company initiated the Buyback proposal for buy-back of up to 3,729,729 fully paid-up equity shares of Rs. 1/- each of the Company (representing 1.23% of the total number of equity shares in the paid-up share capital of the Company) at a maximum price of Rs. 185/- per equity share on a proportionate basis through tender offer for an aggregate amount of Rs. 690,000,000/- (excluding transaction costs viz. brokerage, securities transaction tax, service tax, stamp duty, etc.). The Record Date for determining the eligibility of the shareholders to participate in the Buyback was set as February 15, 2019. The Company completed the Buyback on April 11, 2019 that is within 12 months from the date of Special Resolution passed for approving the proposed buy back which is January 28, 2020.

In FY19, India achieved an installed power capacity of 356 GW and generation of about 1371 billion units with diverse generation mix comprising coal, gas, hydro, renewable and nuclear energy. During the year 2019-20, Company incorporated a wholly-owned subsidiary Company,"M/s Indian Gas Exchange Limited (IGX) on November 6, 2019. The Company started the Indian Gas Exchange in FY 2020. The Real-Time market was launched on 01 June 2020. The Green Term-Ahead Market commenced trading in August 2020 while the Green Day-Ahead Market commenced in October 2021. It signed a Memorandum of Understanding (MOU) with Power Ledger, an Australian company for peer to peer trading in India.

In FY 2021, Company launched Real Time Market which requires very high technological expertise. It helped market participants dynamically balance their power demand-supply portfolio real time in a structured way through the market platform. It upgraded the systems allowing this market to operate with nearly 100% availability. It introduced a Mixed-Integer Linear Programming (MILP) based trading algorithm, which makes it easy to introduce complex bids on the Exchange platform to meet the requirements of a changing market scenario. On April 19, 2021, it commenced Cross-border Electricity Trade with Nepal, Bangladesh, and Bhutan to build a regional power market.

In FY 2022, IGX, which was the subsidiary of IEX (the Company) became an associate of the Company on account of divestment of 4.93% stake in IGX to Indian Oil Corporation Limited, effective from 17 January 2022. It launched Hydro-power contracts in Green Term-Ahead market segment in FY 2022. It commenced the trading platform for PAT Cycle- II in financial year 2022.

In FY24, the government has set a coal production target of 1 Bn Tonnes (BT), representing a notable 12% growth compared to FY23. Simultaneously, there has been a decline in imported coal prices, which is expected to reduce eauction coal prices. Consequently, the increased availability of coal at a more affordable rate will result in a decline in clearing prices, thereby facilitating higher trading volumes on the exchange.

In order to adapt to the dynamic needs of consumers, IEX has consistently demonstrated its dedication to broadening its range of offerings. In FY23, the Company introduced several new products to cater to evolving demands. Notable additions include the High-Price Day-Ahead Market (HP DAM), which aims to increase spot market capacity during periods of high demand. Additionally, IEX launched Term-Ahead Market (TAM) contracts up to 90 days, as well as introduced Green Monthly and Green Hydro contracts to promote
environment-friendly energy. Furthermore, IEX has plans to inaugurate an Ancillary market, set to commence operations on the 1st of June.

Looking beyond current headwinds, we expect FY24E to be better as the decrease in clearing prices will lead to higher volumes, and new product launches to yield returns. Therefore, based on our revised estimates, we
maintain a BUY on IEX Ltd with a target price of Rs. 186.

Disclaimer: Information shared is only for Education purpose and not an investment advise. Kindly contact your advisor for comprehensive advise.

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Latest Questions
Anu

Anu Krishna  |1325 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 25, 2024

Asked by Anonymous - Nov 18, 2024Hindi
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Relationship
My age is 30 gf is also of same age ..we have caste issue and she is being hindu..but we love each other deeply ..we are in strong seriously relationship since 5 years ..but suddenly now she has cheated with me with a guy of same caste and too rich..now i am devasted ..i have done everything for her she asked for and i have given my blood sweat and tears to work it this relation into marrige...since i found out my gf had cheated on me i am not in myself..my left chest always has mild to severe pain when i think about her .it is just sudden change of emotions..when i am doing my work i forgets about her but not able to focus and it is reflecting on my performance...please confirm what should i do now .she has said sorry multiple times ..but i cannot trust her the same way and not able to love her same way as it is use to be...though my feelinga for her never gonna die but this feeling only killing me please confirm what should do please
Ans: Dear Anonymous,
Heartbreaks can show up in the body as aches and pains; but do visit the doctor to rule out any issue causing the pain in your chest.
I would suggest 'taking a break' from your relationship to process what has gone on...being cheated upon is not easy to digest and you need the time to understand what has happened.
Yes, loss of trust can be very difficult to repair but whether you want to forgive her or not, trust her again or not are things to be dealt with as you go into this 'break mode' as it will allow the anger to heighten, simmer and then dull down while the importance of this person in your life will arise where you can then ask yourself if you wish to continue this relationship or you actually can do away with it.
I do feel that you will benefit from working with a professional on this as your mind state can interfere in the process of reflection and healing. So, do consider that as well...
I will not say that Time Heals, but Time gives you an opportunity to reflect and learn...

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

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Anu

Anu Krishna  |1325 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 25, 2024

Asked by Anonymous - Nov 21, 2024Hindi
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Relationship
I (30M) am looking for suitable match through Arranged Marriage Platforms. Recently, I had connected with a Lady (25F) who seemed to tick all the Boxes, which I preferred in a Life Partner & she seemed to like me too, we both were getting along quite well through chatting & phone calls. When we met, in person for the first time, I POLITELY asked her what's her BODY COUNT (while mentioning that my Body Count is Zero, as I am VIRGIN). Immediately, she lost her Temper, started abusing me & splashed her Drink all over my Face & Clothes, she was physically assaulting me, when the waiters intervened & calmed her down. I was feeling Humiliated in Public. She threatened that she would Report me to the Police for 'SEXUAL HARASSMENT'. Realising that she could ruin my Life, I apologised to her earnestly & made Peace. Needless to say, she ended all contact with me. But, this incident has left me emotionally bruised. Did I do anything Wrong by asking my prospective Life Partner about her Sexual History? Don't I have the Right to know about this aspect of the Woman, I'd be Marrying? Was she right in taking offence at my Question? Can her Reaction be Justified? Does my Question warrant a Criminal Case against me (something as Heinous as 'Sexual Harassment')? How do I handle such situations in the Future? Should I avoid asking, any other prospects, in the future m, such sensitive personal Questions? What do I do, in case, any other Lady, behaves aggressively with me? Would it be better, if I Record our entire conversation, secretly, using a Bodycam, as a Pro-Active measure, to prove my Innocence & defend myself against Criminal Proceedings? Would it be Legal, to Record our Conversation, without her Knowledge or Consent? Or shall I seek her Consent & Proceed cautiously? Please Advise me, how to handle such sensitive situations, in the Future.
Ans: Dear Anonymous,
Things have definitely changed in the dating and marriage scene from what it was even 20 or 10 years back...
But hey, I still have my reservations on whether women are comfortable answering very intimate questions...do you not think that a question on body count can be reserved to a future meeting maybe when the two of you show interest in each other and when transparency is vital to further the connection?
Right on Day 1, what is the necessity to jump about and get curious about it? Maybe if someone asked you, you would be okay with it but not everyone or every woman is going to be comfortable with it.
When you pay attention to what the other person wants and likes, there are minimal chances of you slipping up and irking them; where is the question then to take care of legal stuff, recording etc...
Genuinely be there with the other person in a conversation and when the rapport is built, the conversation flows effortlessly and you will start to enjoy it. Start to get curious about who they are as people rather than how many people they have slept with...This should help you!

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

...Read more

Kanchan

Kanchan Rai  |407 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 24, 2024

Asked by Anonymous - Nov 24, 2024Hindi
Relationship
How can an elder man attract young women
Ans: Attracting someone, regardless of age, begins with authenticity and mutual respect. If an older man is interested in forming a connection with a younger woman, it’s important to focus on qualities that foster meaningful relationships. Younger women are often drawn to the stability, confidence, and life experience that an older man can bring to the table, but the key lies in presenting these qualities without pretense or arrogance.

Confidence rooted in self-awareness and emotional maturity can be particularly appealing. This doesn’t mean showing off achievements or wealth, but rather displaying a genuine sense of self and clarity about what you want in life. Emotional maturity—expressed through kindness, patience, and good communication—creates a safe and engaging space for meaningful interactions.

Equally important is the ability to connect on a deeper level. Shared interests, respect for her individuality, and a willingness to engage with her worldview go a long way. Relationships thrive when both individuals feel valued and heard. An older man should approach a younger woman with curiosity about her experiences and aspirations, while also offering his perspective in a way that enriches the connection rather than dominating it.

It’s also crucial to approach such a dynamic with an understanding of potential societal perceptions. While age-gap relationships are increasingly accepted, they often come with assumptions or judgments. The foundation of a strong relationship in this context lies in ensuring that the connection feels equal, mutually respectful, and free of power imbalances.

Finally, maintaining physical and emotional health contributes to overall attractiveness. When a man prioritizes his wellbeing, it not only enhances his confidence but also signals that he values himself and his relationships. Attraction in any relationship is multifaceted, involving both external qualities and the inner richness of character.

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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